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MetalsPLNYMEX (CME Group)
Platinum
Category
Metals
Exchange
NYMEX (CME Group)
Contract Size
50 troy ounces of platinum
Symbol
PL
About Platinum
Platinum futures trade on NYMEX with a 50 oz contract size. Platinum has both precious metal and industrial applications (catalytic converters, hydrogen fuel cells). The platinum-gold spread is closely watched by precious metals traders.
Platinum Price Chart
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Contract Specifications
- Contract Size
- 50 troy ounces of platinum
- Tick Size / Value
- $0.10/oz = $5.00 per tick
- Exchange
- NYMEX (CME Group)
Trading Hours
Sun 18:00 – Fri 17:00 ET with daily halt 17:00–18:00 ET.
Margin Notes
Exchange maintenance margin ~$2,500–$3,500.
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